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May 16, 1946

Dear Sirs:

We received your letter of May 15, 1946 enclosing check on the National City Bank of New York in the sum of $5,600.00 (Five thousand six hundred 00/100 dollars), being in full payment of your purchases of the "Tete Classique" by PICASSO and the "Vue a Saintes Maries" by VAN GOGH, as per our invoice of May 14, 1946.

Thanking you,
Yours very truly,
JACQUES SELLIGMANN & CO.,INC.
(O. A. Liechti)

Fine Arts Associates
51 East 57th Street
New York 22, N.Y.

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